SUNDAY, 24 MAR 2019

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Perdios: Sports Tourism Should be an Integral part of Cyprus’ Tourist Product

Cyprus and Portugal to Enhance Cooperation in Maritime Transport

IMH LTD
PwC_Twitter_21/03-28/03_468x60px

HOTEL, TOURISM & LEISURE

Vessel Scuttled in Ayia Napa to Form Artificial Reef

Vessel Scuttled in Ayia Napa to Form Artificial Reef

An old war ship was scuttled off the off the coast of Ayia Napa on Saturday, to form a new artificial reef along the island’s seabed. 


The vessel, entitled Kyrenia, was donated by the Ministry of Defence. 


This is the fifth artificial reef to be created in Cyprus, following the scuttling of vessels in Paralimni, Paphos and Limassol,with an aim to reinforcing the diversity of Cyprus’ seabed diversity and enhancing the island’s diving tourism product. 


In statements made to the press following the event, Cyprus’ Minister of Agriculture, Rural Development and Environment, Nicos Kouyialis, noted that the sinking of the defunct boat took place in the context of the Government’s blue growth policy.


“Our goal is to enrich the tourist product, to give the opportunity to the residents of coastal areas to engage in other marine activities, to increase their income, and also to boost development in the coastal areas of Cyprus," he commented.


According to Mayor of Ayia Napa, Yiannis Karoussos, the new artificial reef is expected to attract in excess of 20,000 tourists to the area during the coming years and generate some €30 million in income from tourism as a result.


“Therefore, this is a worthy investment which must continue" to be developed, he concluded. 

 

MORE ON HOTEL, TOURISM & LEISURE

Tourist Arrivals Increase by 4% in February

On the basis of the results of the Passengers Survey, arrivals of tourists reached ...

3,500 Runners to Participate in the 21st Logicom Cyprus Marathon

A total of 3,500 runners will participate in the 21st Logicom Cyprus Marathon that will ...

Atlantica Hotels & Resorts Recognised at 2019 TUI Holly Awards

Atlantica Hotels & Resorts has been honoured at the internationally recognised 2019 ...

FROM AROUND GOLDNEWS

   

Monaco International Luxury Property Expo 2019

The Monaco International Luxury Property Expo 2019, the world’s central B2C exhibition for upscale international real estate, will be held 15-16 May 2019 ...
   

PwC’s 4th Twitter Tax Cast to Provide Information on Cyprus’ Tax System

Business executives and the general public will have the opportunity to receive important information and also submit questions live on Twitter to PwC experts, ...
   

Fitch Upgrades Hellenic Bank to 'B+' and Affirms Bank of Cyprus at 'B-'

Fitch Ratings has upgraded Hellenic Bank Public Company Limited`s (HB) Long-Term Issuer Default Rating (IDR) to `B+` from `B` and Viability Rating (VR) to `b+` ...
   

Cyprus and Portugal to Enhance Cooperation in Maritime Transport

Cyprus and Portugal have underlined their wish to further enhance their cooperation in the sector of maritime transport during an official visit by Deputy ...
   

Perdios: Sports Tourism Should be an Integral part of Cyprus’ Tourist Product

Deputy Ministry for Tourism will work to render sports tourism an integral part of Cyprus’ tourist product, Deputy Minister Savvas Perdios has said on ...
   

British High Commission Continues to Support Innovation in Cyprus

Over recent months the British High Commission has supported a series of Innovation Workshops delivered by the Northern Ireland Cooperation Overseas (NICO) in ...
   

Infocredit Supports Boot-Camp Entrepreneurship-PEAK Up Your Success at EUC

Infocredit Group, committed in supporting innovation and youth entrepreneurship, was among the sponsors of the Boot-Camp Entrepreneurship-PEAK Up Your Success ...
   

Promoting Cyprus at the MIPIM International Property Exhibition in Cannes

Invest Cyprus (the Cyprus Investment Promotion Agency), accompanied by leading Cypriot companies active in the professional services and real estate ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

NewCyTech_22/02-22/04_300x250px
Gold_Digital_Edition_300x250px

IMH LTD